Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

TSX:BNK - Post by User

Big Banc Split Corp > Albania operations shut down forever!!!!

<< Previous

Bullboard Posts

Next >>

Comment by bmeister2on Jun 07, 2016 7:59am

178 Views

Post# 24940675

RE:RE:RE:Albania operations shut down forever!!!!

All jokes aside,BC, I will be glad when this deal is closed as I have lost all faith in that banana republic over there and will be glad to let the Chinese battle it out over their resources. enuf said.

<< Previous

Bullboard Posts

Next >>

Canadian artificial intelligence ETFs